Washington, D.C. 20549

                                    FORM 6-K

                     OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2006

Commission File Number: 0-22704

                                 Frontline Ltd.
                 (Translation of registrant's name into English)

       Par-la-Ville Place, 14 Par-la-Ville Road, Hamilton, HM 08, Bermuda
                     (Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.

Form 20-F [X]  Form 40-F [_]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ___

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a
Form 6-K if submitted solely to provide an attached annual report to security

Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)7: ___

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Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [_] No [X]

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connection with Rule 12g3-2(b):



Attached as Exhibit 1 is a copy of the press release of Frontline Ltd. (the
"Company") dated August 14, 2006, announcing its sale of shares in General
Maritime Corporation.

                                    Exhibit 1

FRO: Sale shares General Maritime Purchase of Newbuildings

Frontline Ltd. ("Frontline") announces that on 14th August 2006 it has sold its
entire holding of 3,860,000 shares in General Maritime Corporation ("General
Maritime") for USD $40 per share. The shares were sold to World Wide Shipping.
Frontline will record a gain of approximately USD $ 9.7 million in the third
quarter as a result of this sale. Frontline has, during the holding period, also
recorded dividend income on the same investment of approximately USD $13.3

At the same time Frontline is pleased to announce that it intends to firmly
declare four further newbuilding Suezmaxes orders from Jiangsu Rongsheng Heavy
Industries Group Co. Ltd. ("Rongsheng") in China. The vessels which are 156,000
dead weight tons will be delivered in 2009. Two of these Suezmaxes will be
offered as an investment to Frontline's affiliated company, Ship Finance
International Limited. The four Suezmax newbuildings are in addition to the two
newbuildings already declared. Frontline is also in the process of discussing a
further two fixed priced options for similar vessels. The payment terms and
contract price are considered favourable to other alternative ways to renew and
grow the Frontline Suezmax fleet.

The decision to sell the General Maritime investment and order the Suezmaxes
included a comparison between the Rongsheng 2009 newbuildings and the implicit
pricing of an existing General Maritime newbuilding. With a price differential
of more than USD $20 million, the Frontline Board feels that significant
discount is given for a later delivery.

The re-organisational cost of General Maritime and the large Aframax exposure
further prevented Frontline from pursuing further action in the General Maritime
investment. Frontline, as General Maritime's largest shareholder, had a
constructive dialogue with General Maritime regarding its investment.

The Board of Frontline hopes that the sale of the General Maritime investment to
another industry player will still have a positive consolidation effect on the
tanker market. The proceeds from the sale will be allocated to repayment of
debt, equity financing of the Rongsheng investments as well as increased
dividend capacity.

August 14, 2006

The Board of Directors
Frontline Ltd.
Hamilton, Bermuda


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                        Frontline Ltd.

Dated: August 15, 2006                  By /s/Inger M. Klemp
                                           Name:  Inger M. Klemp
                                           Title: Chief Financial Officer

SK 02089 0009 695176